TMM - News

Prospa raises A$200 million for business lending

Thursday 16th of September 2021

The company, led in New Zealand by Adrienne Begbie, has successfully completed an asset-backed securitisation to provide further firepower in Australia and New Zealand.

The fundraising process was backed by wholesale investors, and was supported by a pool of Australian small business loans and a line of credit facilities. 

ASX-listed Prospa's transaction was over-subscr...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.